a Mexican horseman or cowboy, typically one wearing an elaborate outfit, often with silver decorations, of tight trousers, ruffled shirt, short jacket, and sombrero. Origin of charro.
These are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.Richard earns $300,000 in 2011 while Mary earns $100,000.hese are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.
1. Record the deferred revenue. Recording deferred revenue applies to the companyâs balance sheet. The company receives cash (an asset account on the balance sheet) and records deferred revenue (a liability account on the balance sheet). 1  In the example from Part 1, the company receives a $120 advance payment relating to a twelve-month magazine subscription.